Company board meeting first board meeting length of notice penalty time gap between two meetings company meetings law, practice and procedure company meetings - law, practice and procedure, company law

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Information about Company board meeting first board meeting length of notice penalty...
Business & Mgmt

Published on March 5, 2014

Author: Company_Consultancy_LawServiceIndia

Source: slideshare.net

Board Meeting in Accordance with The Companies Act, 2013 Follow Us http://www.techcorplegal.com Email us: info@techcorplegal.com

Main Changes in Company’s Board Meeting http://www.techcorplegal.com Email us: info@techcorplegal.com Follow Us

Major Changes ● First Board Meeting ● Length of Notice ● Penalty ● Time Gap between two Meetings Follow Us http://www.techcorplegal.com Email us: info@techcorplegal.com

First Board Meeting The Companies Act, 1956 The Companies Bill, 2013 No Every company has to hold specified time for holding first board meeting its first board meeting within 30 days of the date of its incorporation http://www.techcorplegal.com Email us: info@techcorplegal.com Follow Us

Lenght of Notice The Companies Act, 1956 The Companies Bill, 2013 No time period specified The Board Meeting shall be for any notice regarding the called by giving not less Board Meeting. than seven days’ notice Follow Us http://www.techcorplegal.com Email us: info@techcorplegal.com

Penalty The Companies Act, 1956 The Companies Bill, 2013 The officer assigned to give notice The officer assigned to give notice for the Board Meeting as aforesaid for the Board Meeting as aforesaid and fails to do so shall be punished and fails to do so shall be punished with penalty which may extend to with penalty which may extend to 1000 rupees 25,000 rupees Follow Us http://www.techcorplegal.com Email us: info@techcorplegal.com

Time Gap Between Two Meetings The Companies Act, 1956 The Companies Bill, 2013 At least one Board Meeting Two has to be held in Each Meetings Quarter More consecutive shall Than between them http://www.techcorplegal.com Email us: info@techcorplegal.com Follow Us Board have Not 120 days

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